It has been an issue since the 1970's that productivity in the lower and middle class jobs have risen, but wages have remained flat. In other words, the "rich" are not earning all of the money that they make.
If those at the top of the income distribution receive far more than the value of what they create, and those at lower income levels receive less, then one way to correct this is to increase taxes at the upper end of the income distribution and use the proceeds to protect important social programs that benefit working-class households, programs that are currently threatened by budget deficits.
This would help to rectify the maldistribution of income that is preventing workers from realizing their share of the gains from economic growth.
Cons/repubs: why does this not bother you? This philosophy that people should keep every cent they make is flawed in the financial system we live in. If you are a blue collar worker, you are being robbed. It's that simple.
And, no, I have nothing agains the wealthy. They deseve to be well paid for what they do, but not nearly to this extent.
This is why libertarian ideas are dangerous.
If those at the top of the income distribution receive far more than the value of what they create, and those at lower income levels receive less, then one way to correct this is to increase taxes at the upper end of the income distribution and use the proceeds to protect important social programs that benefit working-class households, programs that are currently threatened by budget deficits.
This would help to rectify the maldistribution of income that is preventing workers from realizing their share of the gains from economic growth.
Cons/repubs: why does this not bother you? This philosophy that people should keep every cent they make is flawed in the financial system we live in. If you are a blue collar worker, you are being robbed. It's that simple.
And, no, I have nothing agains the wealthy. They deseve to be well paid for what they do, but not nearly to this extent.
This is why libertarian ideas are dangerous.